May 25, 2007 4:00 AM PDT
Coop's Corner Podcast: Deconstructing the corn ethanol scam
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The pressure to find energy alternatives to crude oil has never been more intense. But what's the best alternative?
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With prices at the gasoline pumps in the United States well over $3 this Memorial Day weekend (and in many places nearing $4 per gallon), the pressure to find energy alternatives to crude oil has never been more intense.
But while corn-based ethanol--the favored solution of the agribusiness industry and many politicians--may be great for farmers, it's not the best answer. In fact, says CNET News.com's Charles Cooper, now's the time to rethink our priorities because there are far better alternatives.
But will the political powers that be stand in the way of a frank discussion? That's the $64,000 question.
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